BISHOP, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce the arrival of its first gold ore shipment from the Company’s Fran Gold Project and commencement of test milling operations. Starting today the Company will begin testing and optimization of milling for extraction of gold from ore. The first phase will involve testing of the jaw crusher to reduce the ore to minus ?” for feed into the ball mill for further reduction to minus 150 mesh and then moved as a slurry to the gravity separation table for extraction of free gold and other valuable metals. This will then be followed by optimization and testing of the flotation cells and reagent formulation with a final phase of further upgrading the flotation concentrate by use of a 2^nd gravity table and report to tailings. The free gold and, as applicable, precious metal concentrate will be melted in the on-site furnace for production of Dore bars or similar high-grade instruments for bank vault storage or shipment to the gold refinery in Reno, Nevada. The initial shipment consisted of 22 tons of surface material loaded into one metric tonne (2200 lbs.) super-sacks and placed on flat-bed tractor trailers. The target material was recently assayed and graded 1.2 to 2.3 ounces gold per ton (see Press Release dated August 26, 2024).   The Company has identified approximately 5000 tons of target material for immediate shipment and a substantially larger amount of near surface material in trenches and defined by prior diamond drilling.

Management Update

The Company has engaged the Sabean Group for media and management consulting. The Sabean Group is founded by content executive Tim Sabean, one of the most highly regarded experts in modern media, serving previously as the founder of the Howard Stern Channels on SiriusXM, spanning a 30 year career building content brands for some of the biggest brands in media. Gil Edwards, has served in leadership roles at CBS Radio and SiriusXM developing media brands and top-tier spoken word entertainment content. Mr. Edwards has over a decade of digital product leadership and strategy, working on start-up platforms in streaming audio, video and mobile development. Mr. Edwards has an MBA from Villanova University. Jim Keller (CPA) has over 35 years of experience providing financial, administrative, operational and strategic leadership to global software, consulting, distribution, manufacturing and public accounting firms ranging from early-stage to established billion-dollar corporations.   Al McGowan is a result-driven executive with a successful record of raising capital to create numerous high growth companies. In addition to being a Member of the Board of Directors of Cambridge Mobile Telematics, the worldwide leader in insurance telematics, Mr. McGowan was the CEO of TrafficCast International, a Founder at Traffic.com and the President of Shadow Broadcast Services. These companies were the industry leaders and innovators in their verticals and resulted in successful exits for investors and employees. Mr. McGowan played a significant role in the development of the oil storage and refining facilities that were part of the Royal Commission for Jubail and Yanbu in Saudi Arabi and worked in the petrochemical, hydroelectric and nuclear fields before spending five years as a facilities engineering and real estate executive in the aerospace industry.   Mr. McGowan has a degree in Civil Engineering from the University of Delaware.